The passage of SECURE Act changed a lot when it comes to saving for retirement And we've just received some clarifications from the IRS about catch up contributions In is video Peter with Richon Planning and Erin Kennedy break down the changes that could affect you Despite previous guidance if you are looking to make a catch-up contribution in there won't be any changes However starting in those catch-up contributions will have to be made in your Roth account Here's what you need to know if you're at least years old or older no matter your income level you can [... more]

Enjoy Charlie's speech from a breakout session at AmFest where he reveals the evils that have taken root within almost all public and even private Christian schools and the importance of classical education as the weapon to fight back Charlie weighs whether conservatives should aim at liberating the existing school system or building a new one from scratch Support the show http www charliekirk com supportSee omnystudio com listener for privacy information [... more]

Ever heard of The Sewing Hall of Fame Established in it recognizes people that have made ldquo a lasting impact on the home sewing industry with unique and innovative contributions through sewing education and product development rdquo It includes individuals like Martha Pullen inducted into the hall in who is described as ldquo a Proverbs woman who never failed to publicly acknowledge the source of her strength inspiration and blessings rdquo The Sewing Hall of Fame is a twenty-first-century invention but had it been around during the first century in Israel a woman named Tabitha might have been a lock [... more]

We talk a lot about the benefits of Roth accounts A Roth IRA allows you to save for retirement with after-tax dollars That means you pay taxes on your contributions now but your withdrawals are tax free in retirement There are also several benefits to inheriting a Roth IRA as Peter with Richon Planning explains to Erin Kennedy the distributions are tax-free and they won't affect your taxable income However with a few exceptions you'll still have to drain the inherited account within years If you are inheriting a Roth IRA here's a quick action plan Understand your beneficiary type [... more]

Fueled by COVID lockdowns and the rise of commission free brokerages like Robinhood online trading or day trading has seen a huge rise in popularity in the last few years However according to several recent financial studies almost all day traders lose lots of money particularly after accounting for fees and taxes If you're considering self-directed investing peter with richonplanning and erinkennedy break down the pros and the cons and Peter offers these considerations before you create an online trading account Consider Your Approach and Expectations if your expenses are covered by income and you are making contributions downturns can [... more]

More Americans are tapping their ks because of financial distress In fact the number of people who made a hardship withdrawal surged from the second quarter of If you're thinking of tapping your k early Peter with Richon Planning and Erin Kennedy explain how it works and the risks including -How can I withdraw money from my k without penalty -How the passage of the SECURE Act made hardship withdrawals even easier -The lost opportunity cost of tapping your k Keep in mind if you're not and you make a withdrawal not for a hardship you're going to face a [... more]

On a Wednesday Drive Josh breaks down why the Carolina Panthers just need to try and survive until the bye week after being hit by the injury bug yet again today discusses why this is just a quot avoid disaster week quot for the Big Four ACC schools WD goes to the movies to review quot Forgetting Sarah Marshall quot and Hayes Permar of Sports Channel joins the show to play a quot New Orleans Saints themed quot Skips or Plays [... more]

Fast-food restaurant worker Kevin Ford hadn rsquo t missed a shift in twenty-seven years After a video surfaced showing his humble gratitude for a modest gift he received to commemorate his decades of service thousands of people rallied together to show kindness to him ldquo It rsquo s like a dream a dream come true that nobody can even think of this rdquo he said when a fundraising effort brought in in just over a week Jehoiachin the exiled king of Judah was also the recipient of extreme kindness He rsquo d been incarcerated for thirty-seven years before the benevolence [... more]

k s are generally the most accessible and easiest way to save for retirement but should you really be maxing out your contributions every year In this video Peter with Richon Planning and Erin Kennedy break down the pros and cons of stashing a lot of money in a pre-tax account and Peter explains when you should consider investing in other accounts as well If you'd like to sit down with Peter to determine where you should be putting your money to ensure a happy and tax-efficient retirement please feel free to give him a call at - or schedule [... more]

What is the measure of a man Many people overplay Martin Luther's positive contributions and overlook any negatives In this message Pastor Lutzer offers an evenhanded evaluation of Luther's life teaching and accomplishments Despite Luther's flaws he was greatly used by God This month's special offer is available for a donation of any amount Get yours at rtwoffer com or call us at - - - [... more]

Saints Head Coach Dennis Allen tells Rich why he's breathing a sigh of relief that his team won't have to travel to Europe for a game this season what former Raiders QB Derek Carr brings to New Orleans what the team is expecting from WR Michael Thomas this season how a possible suspension will impact Alvin Kamara's contributions breaks down the team's NFL Draft class the signing of TE Foster Moreau and reflects back on Steve Gleason's unforgettable punt block against the Atlanta Falcons in the Superdome's first game after Hurricane Katrina Rich and the guys break down the NFL's [... more]

Roth IRAs are one of the most powerful tools you can use to become extremely wealthy But as Peter with Richon Planning explains to Erin Kennedy there are many misconceptions about them including -Myth You can't touch any money in a Roth until your years old -Myth Roth IRAs are only for Retirement -Myth You can't contribute to a Roth if you make too much money There are many reasons to consider investing in a Roth account or even converting your traditional IRA to a Roth If you would like to learn more about the tax-free earnings growth of a [... more]

The SECURE Act was pushed through Congress late last year and even though you won't see too many exciting headlines about the legislation there are actually some great planning opportunities inside We spent a little time talking about the RMD age change that will impact people in or near retirement in our last episode Now we want to highlight a few more positive changes that you need to know about including catch-up contribution increases a to Roth option and a benefit for people for some people still paying off student loans Here's some of what you'll learn in this episode [... more]

New Retirement Account Contribution Limits for The IRS just announced that it will boost the maximum contribution limit to k accounts by next year to This is the largest increase on record The contribution limit for an IRA is also set to increase to from As Peter with Richon Planning explains to Erin Kennedy this move will allow millions of us to contribute thousands more into tax- advantaged retirement accounts But keep in mind every retirement plan has to include tax planning and tax diversification In fact k s are known as retirement tax bombs If you'd like to talk [... more]

You may have seen estimates for sky high health care costs during retirement that most workers could never hope to amass But are those numbers really true On today's MoneyWise Live Rob West will share some surprising new information from a top brokerage firm on that topic Then he'll answer your calls and questions on various financial topics See omnystudio com listener for privacy information [... more]

A wealthy man decided to fire nbsp a manager nbsp So the manager cut some deals with the master rsquo s debtors to gain nbsp favor mdash to have options once his job ended nbsp Jesus made this story into a parable about investments nbsp But nbsp why nbsp did Christ commend a man who acted improperly nbsp Click here to listen Duration [... more]

What rsquo s the most important relationship in your life nbsp We need our family and friends but those bonds lack the eternal significance and importance of our relationship with God nbsp On the next MoneyWise Live host Rob West will talk about some practical ways you can strengthen your relationship with God and improve your spiritual life through biblical money management Then he rsquo ll answer your financial questions from a biblical perspective That rsquo s MoneyWise Live where biblical wisdom meets today rsquo s finances weekdays at pm Eastern pm Central on Moody Radio nbsp [... more]

Amazon delivers about million packages a day through its Prime program but some of those deliveries are going to folks who haven rsquo t ordered anything On the next MoneyWise Live host Rob West will talk about ldquo Amazon Brushing rdquo mdash which is just the latest scam involving the online retail giant Then he rsquo ll answer your financial questions from a biblical perspective That rsquo s on the next MoneyWise Live where biblical wisdom meets today rsquo s finances weekdays at pm Eastern pm Central on Moody Radio nbsp [... more]

A year ago home sales fell sharply due to the COVID pandemic Now it seems like buyers are saying ldquo What pandemic rdquo On the next MoneyWise Live host Rob West welcomes mortgage expert Dale Vermillion to talk about how home sales have recently been going through the roof Then Rob will take your questions on the financial topics you rsquo d like to discuss That rsquo s MoneyWise Live where biblical wisdom meets today rsquo s finances weekdays at pm Eastern pm Central on Moody Radio nbsp [... more]

The Secure Act made changes to your IRA contributions especially at ages and If you are at these ages or are coming up on them you are going to want a plan in place for your retirement savings Don't forget to get your copy of The Complete Cardinal Guide to Planning for and Living in Retirement on Amazon or on CardinalGuide com for free You can contact Hans and Cardinal by emailing hans cardinalguide com or calling - - Learn more at CardinalGuide com [... more]

Jane Pauley hosts our annual Food Issue Lee Cowan looks at the rise in food insecurity in the U S Martha Teichner meets a bagel business consultant Rita Braver looks at artistic soup tureens Seth Doane learns the secrets of making tortellini Jim Axelrod interviews chef Vikas Khanna who has built a coalition to feed millions in India Mark Whitaker discusses Black contributions to American cuisine with chef Marcus Samuelsson Jonathan Vigliotti meets a heirloom bean entrepreneur Nancy Giles asks why Americans are so sweet on snacks Luke Burbank visits America's oldest Chinese restaurant in Butte Montana Tracy Smith interviews [... more]

Ashton and Austin Samuelson graduated from a Christian college with a strong desire to serve Jesus However neither felt called to a traditional ministry in the church But what about ministry in the world Absolutely They blended their burden to end childhood hunger with their God-given entrepreneurial skills and in launched a restaurant that serves tacos But this is not just any restaurant The Samuelsons operate from a buy-one-give-one philosophy For every meal bought they donate money to provide a meal specifically designed to meet the nutritional needs of malnourished children So far they have made contributions in over sixty [... more]

Daydreaming can be a lot of fun mdash thinking about the ldquo what ifs rdquo of life But when wishful thinking replaces wise money management there could be nightmares down the road The hard truth is all the happy thoughts in the world won rsquo t help you pay the bills On the next nbsp MoneyWise nbsp Live hosts Rob West and Steve Moore reveal three delusions about money so you can avoid them That rsquo s on the next nbsp MoneyWise nbsp Live at pm Eastern pm Central on Moody Radio [... more]

The book of Proverbs has a lot to say about the rewards that come to those who are diligent And much of that proverbial wisdom is related to handling our financial affairs On the next MoneyWise Live hosts Rob West and Steve Moore welcome financial expert Howard Dayton to explore the good habits required to manage your money wisely We rsquo ll see how diligence pays off on the next MoneyWise Live at pm Eastern pm Central on Moody Radio [... more]

The Affordable Care Act of made health savings accounts or HSAs more popular nbsp But now they rsquo re almost a necessity The need to offset the rising costs of deductibles has made HSAs an appealing option for many Americans On the next Moneywise Live hosts Rob West and Steve Moore explain how an HSA can save you money now and decades into the future It rsquo s the nuts and bolts of HSAs on the next MoneyWise Live at pm Eastern pm Central on Moody Radio [... more]

One of the most common retirement questions people ask is should they invest in a k or a Roth k Although both are good options worth considering they differ in eligibility employer contributions investment options and tax breaks On the next MoneyWise Live hosts Rob West and Steve Moore breakdown the differences between a k and a Roth k and which one may be right for you That rsquo s all coming up on the next MoneyWise Live at pm Eastern pm Central on Moody Radio nbsp [... more]

You often hear that one of the best investing decisions you can make is to max out any employer contributions to your k because it rsquo s free money nbsp But what if that money isn rsquo t so free nbsp On the next MoneyWise Live hosts Rob West and Steve Moore discuss some seldom talked about strings that are attached to k matching contributions nbsp More facts you need to know about your k on the next MoneyWise Live at pm Eastern pm Central on Moody Radio [... more]

With millions of Americans unemployed and in-person services canceled many churches have seen a decline in income The act of giving is an integral part of church services but online giving has helped to offset the decline in financial contributions On the next MoneyWise Live hosts Rob West and Steve Moore welcome Brian Kluth who offers a battle plan for churches to help weather their financial challenges COVID and church giving on MoneyWise Live at pm Eastern pm Central on Moody Radio [... more]

During a crisis like the COVID- pandemic it's okay to feel down worried and stressed Acknowledge these emotions respect them and then let them go suggested guest Dr Anjhula Mya Singh Bais while talking with Aimee Cabo The Cure Radio live talk radio show and live-streamed podcast is hosted by Aimee Cabo and offers a platform of hope to anyone who has experienced or is currently experiencing domestic violence abuse trauma mental health or other challenges that affect your life It's a place to find comfort knowledge strategies answers hope and love and so much more all while you are [... more]

You cannot hide from taxes they will catch up with you eventually Some people push it off and decide they don't want to pay them until later or even pass them onto their children If you take taxes head on ask for advice and put strategies into action for you individual situation it can end up saving you money in the long run Hans and Robby start out talking about how low the tax rates currently are Hans suggests for many of his clients that it is advantageous to pay more tax this year to pay less taxes in the [... more]

Kenneth C Haugk Ph D a clinical psychologist and pastor is founder and Executive Director of Stephen Ministries He is the author of Journeying through Grief Christian Caregiving a Way of Life Cancer Now What and many other books and courses in the areas of caring and relating assertiveness spiritual gifts conflict resolution and leadership He received the National Samaritan Award from the Samaritan Institute for the significant contributions he has made to field of caring ministry His ministry took on deeper significance as he cared for his wife Joan when she had ovarian cancer Stephen Ministries an international not-for-profit [... more]

Eclesiastes says And though a man might prevail against one who is alone two will withstand him a threefold cord is not quickly broken Robby points out that it is fascinating how many things in our life come in threes and that would really be inspiring if we truly understood the threes Hans goes over the traditional three legged stool of retirement income that was originally created in the 's Now the leg that represented pensions is being replaced by defined contributions such as IRAs and k s What happens when this leg is weak Retirees now have a balance [... more]